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Stockholm shares close slightly lower pressured by Ericsson, telecoms


Published : Wed, 31 Jan 2007 17:51
By : Agencies
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STOCKHOLM (AFX) - Shares closed slightly lower as Ericsson led profit taking after strong US data cemented expectations the US Fed will leave rates on hold today, but specialty steel maker SSAB sharply outperformed in the wake of Tata Steel's high winning bid for Corus, brokers said.

The OMX Stockholm index closed down 0.25 pct at 386.67, with the OMX Stockholm 30 down 0.36 pct at 1,185.98. Turnover was 26.856 bln skr.

TF.TFN-EuropeStockholm@thomson.com

sjr/cmr

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